European stocks close higher after US payrolls data; Ferrari up 7.7%

European stocks close higher after US payrolls data; Ferrari up 7.7%

The pan-European Stoxx 600 closed provisionally more than 0.6 percent higher with the majority of sectors and major bourses edging higher. Media stocks were among the best performers, with Pearson leading the gains in the sector. The educational publisher said in a trading update that it was on track to grow to underlying profit this […]

European stocks fall as euro zone inflation slips; US starts trade talks with China

European stocks fall as euro zone inflation slips; US starts trade talks with China

The pan-European Stoxx 600 was off by more than 0.2 percent with most sectors trading in negative territory. Insurance and household goods were among the worst performing sectors after several downgrades. Construction was at the open the best performing sector on earnings. But the sector has lost some of those gains since. Shares of Logitech […]

The perils of alienating Europe, lunatic rage over a prom dress, and other comments

The perils of alienating Europe, lunatic rage over a prom dress, and other comments

View from abroad: The Dangers of Alienating Europe President Trump seems determined to confront America’s European allies “on every issue of importance, from trade to climate change to the multilateral deal with Iran,” observes Bloomberg’s Leonid Bershidsky. Indeed, it sometimes seems like he doesn’t really want allies at all. That could be troubling, he suggests: […]

Europe Set for Balmy May After Warmest April Since 1980s

Europe Set for Balmy May After Warmest April Since 1980s

After the hottest April since 1981, forecasters raised the prospect of energy-zapping heatwaves hitting southeast Europe later this month. Six weather forecasters surveyed by Bloomberg all say that central and eastern Europe will be warmer than usual in May. But the west and southwestern fringes — the U.K. France, Spain and Portugal — are most […]

Trump May Go Too Far in Alienating Europe

Trump May Go Too Far in Alienating Europe

President Donald Trump has been determined to confront the U.S.’s European allies on every issue of importance, from trade to climate change to the multilateral deal with Iran. As politicians and publics on this side of the Atlantic become increasingly wary, it’s worth asking whether he really wants allies at all. After the unsuccessful visits of […]

Abbas: Jewish Pogroms in Europe Were Not Because of Religion

Abbas: Jewish Pogroms in Europe Were Not Because of Religion

Palestinian President Mahmoud Abbas said on Monday that Jews in Europe were exposed to pogroms not because of their religion, but because of their social role and financial matters. Speaking during the National Palestinian Council in Ramallah, Abbas attributed the claim to Jewish scholars and said that factually, “such pogroms did not take place in […]

Ford Rules Out Bringing ST SUVs To Europe

Ford Rules Out Bringing ST SUVs To Europe

Earlier this month, Ford outlined its new product strategy, which will focus on crossovers, SUVs, and pickups, and will remove slow-selling sedans and hatchbacks to boost profitability. The Blue oval brand will eliminate the C-Max, Fiesta, Focus, Fusion, and Taurus from its U.S. lineup, but will offer its customers ST-badged high performance SUVs. However, if […]

Donald Trump's trade war with Europe look inevitable

Donald Trump's trade war with Europe look inevitable

The deadline when an exemption expires for US tariffs on steel and aluminium imports from the EU is looming. Neither Emmanuel Macron nor Angela Merkel persuaded Donald Trump to drop the protectionist measures during their visits to Washington last week. Unless the US president changes his mind at the last minute, we are heading for […]

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